Month: January 2014

The following interview with Richard Heinberg was originally published in Flemish at the Belgian website De Wereld Morgen . The interview was given in conjunction with the release of the Dutch translation of Richard’s Book Snake Oil: How Fracking’s False Promise of Plenty Imperils Our Future . The Dutch title is Schaliegas, piekolie & onze toekomst . Selma Franssen: Considering the shale gas and oil reserves in Europe, is there any sense in fracking here, all other objections aside? Richard Heinberg: Until test wells are drilled, it’s very difficult to know what the actual shale gas and oil production potential is for Europe. All sorts of numbers have been cited, but they are simply guesses. Back in 2011, the US Energy Information Administration estimated that Poland’s shale gas reserves were 187 trillion cubic feet, but a little on-the-ground exploration led the Polish Geological Institute to downgrade that figure to […]

Click here to view full article at www.resilience.org

Page added on January 9, 2014 Selma Franssen: Considering the shale gas and oil reserves in Europe, is there any sense in fracking here, all other objections aside? Richard Heinberg: Until test wells are drilled, it’s very difficult to know what the actual shale gas and oil production potential is for Europe. All sorts of numbers have been cited, but they are simply guesses. Back in 2011, the US Energy Information Administration estimated that Poland’s shale gas reserves were 187 trillion cubic feet, but a little on-the-ground exploration led the Polish Geological Institute to downgrade that figure to a mere 27 TCF—a number that may still be overly optimistic. My institute’s research suggests that US future production of shale oil and gas has been wildly over-estimated too. So, without attempting to put a specific number to it, I think it would be wise to assume that Europe’s actual reserves […]

Click here to view full article at peakoil.com

For many years, the most compelling issue driving sustainability efforts among businesses, consumers, governments and activists has been climate change. We are all becoming increasingly concerned with the impacts of rising temperatures and extreme weather events on our supply chains, cities, transportation networks, agricultural industries, and lives. We have become increasingly alarmed about the results of burning too much coal, oil and gas; the consequences of excessive emissions resulting from some of the most useful substances humanity has ever harnessed. We have identified our most important struggle – to maintain economic growth while reducing carbon emissions. Because our concern has been first and foremost the concentration of CO2 in the atmosphere, we have designed and sporadically implemented economic incentives to reduce carbon emissions. We issue carbon credits to companies that emit less carbon. We offer cash to countries who don’t cut down […]

Click here to view full article at www.theguardian.com